Airbnb (ABNB) Reiterated at Market Outperform by Citizens: Remains Top Travel Pick

Citizens analyst Matthew Condon reiterated a Market Outperform rating and $170.00 price target on Airbnb Inc. (NASDAQ: ABNB).

The analyst commented, " Airbnb remains our top travel pick, with multiple catalysts that we believe can drive upside to consensus expectations. Near term, we expect Airbnb to disproportionately benefit from the FIFA World Cup compared to OTA peers, while also benefiting from company specific product catalysts including its recently expanded hotel offering, continued adoption of it Reserve Now, Pay Later offering, expanding suite of insurance products, and its recently streamlined fee and cancellation policies, while also benefitting from sustained growth across its expansion markets. We note Airbnb’s website traffic data also looks the strongest of the group, accelerating throughout 2Q26, which we believe may be attributable to the World Cup. Additionally, we expect Airbnb to have the least exposure out of the group to the escalating conflict in the Middle East where tensions appear to have escalated recently. Putting this together, with multiple product catalysts that we believe can drive bookings growth above expectations, and more muted exposure to headwinds from the Middle East, Airbnb remains our top pick within our online travel coverage as we reiterate our Market Outperform rating and $170 price target."

For an analyst ratings summary and ratings history on Airbnb Inc. click here. For more ratings news on Airbnb Inc. click here.

Shares of Airbnb Inc. closed at $146.86 yesterday.

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